Iran has signed seven new initial agreements with foreign oil companies, Ali Kardor, managing director of the National Iranian Oil Company (NIOC), was quoted as saying by the oil ministry's news agency Shana on Tuesday.

Indonesia's state-owned Pertamina on Monday signed a memorandum of understanding to conduct preliminary studies on two Iranian oilfields, a step closer to the company's first investment in the Middle Eastern country's upstream sector

The first of Iran's new oil and gas investment contracts for international companies will be launched this summer and will invite bids to develop 10-15 fields, oil minister Bijan Zanganeh was quoted by the Shana news agency as sayin

The first of Iran's new oil and gas investment contracts for international companies will be launched this summer and will invite bids to develop 10-15 fields, oil minister Bijan Zanganeh was quoted by the Shana news agency as sayin

Kuwait's Emir has said operations and exports from oil fields jointly operated with Saudi Arabia will resume soon, local media reported on Thursday.
"The resumption of operations and exports in joint oil fields will resum

Kuwait's Emir has said operations and exports from oil fields jointly operated with Saudi Arabia will resume soon, local media reported on Thursday.
"The resumption of operations and exports in joint oil fields will resum

Iraq's newly established Dhi Qar Oil Company will oversee four oil fields including Garraf and Nasiriya which are already in production, a company executive said on Tuesday.
Dhi Qar aims to boost production to about 200,000 ba

Egypt hopes to halt liquefied natural gas imports in 2020, Oil Minister Sherif Ismail said on Monday, as projects to develop its own gas fields are completed.
The Arab world's most populous nation is struggling to cope with en

After seizing five oil fields and Iraq's biggest dam, Sunni militants bent on creating an Islamic empire in the Middle East now control yet another powerful economic weapon - wheat supplies.
Fighters from the Islamic State hav

Libya is pumping crude oil at around 500,000 barrels per day and all its oilfields are secure despite continued violence, an official from the Libyan Oil Ministry said.
Intense fighting in the eastern city of Benghazi, where many